Facebook Global Business Group VP Carolyn Everson joins 'Influencers with Andy Serwer' to discuss the social network's plan to encorporate cryptocurrencies into the platform.
Tesla Inc came under increased pressure in China on Wednesday from regulators and state media after Monday's protest by a disgruntled customer at the Shanghai auto show went viral and forced the electric car maker into a rare apology. The singling-out of Tesla in China, which accounts for 30% of the U.S. firm's global sales and where it makes cars at its own factory in Shanghai, comes amid ongoing U.S.-China tensions and as other foreign firms have encountered backlash. "China will continue to open up its market to foreign business, but that does not mean foreign companies will be offered any privilege," the Global Times, a tabloid published by the ruling Communist Party's official People's Daily, said in an opinion piece on the "Tesla blunder".
Electric carmaker NIO is at the forefront of China's effort to dominate the electric vehicle market.